Daikin Industries to Acquire Goodman Global Group for $3.7 Billion

Daikin Industries signed a definitive agreement to acquire Goodman Global Group for $3.7 billion. The acquisition aims to expand Daikin's presence in the North American ducted residential unitary market and leverage Goodman's distribution network. The transaction is expected to close in Q4 2012 pending regulatory approval.

“What has been long rumored in the HVAC industry became official as Daikin Industries signed a definitive agreement to acquire Goodman Global Group for $3.7 billion.”

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